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Stock impact report

Ionis Pharmaceuticals (IONS) Soars 6.8%: Is Further Upside Left in the Stock? [Yahoo! Finance]

Ionis Pharmaceuticals, Inc. (IONS) 
Last ionis pharmaceuticals, inc. earnings: 2/26 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: ionispharma.com
Company Research Source: Yahoo! Finance
This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 12.2% gain over the past four weeks. This rise in share price is attributable to Ionis' progress with the development and potential commercialization of its wholly-owned pipeline. Last week, the company expanded the licensing deal for its investigational hereditary angioedema (HAE) therapy, donidalorsen, with Otsuka Pharmaceutical in the Asia-Pacific Region. This agreement is an expansion of the licensing deal signed last year wherein Ionis granted exclusive grants to Otsuka to market donidalorsen in Europe. In consideration of expanding the rights, Ionis will receive an upfront payment of $20 million and will also be eligible for milestone payments. The company will also be eligible to receive tiered royalties on the drug's net sales, with terms similar to the previously-signed agreement for Europe (ranging from 20-30%). This drug d Show less Read more
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